GoLorry

GoLorry

GoLorry - New Age of Logistics.

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$200k

Seed
Total Funding000k
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GoLorry operates as a digital marketplace focused on the inter-city trucking and logistics sector in India. Founded in 2015 by Sanjay Mandava, Jonathan Richards, and Zijie Lin, the company was established to address inefficiencies within the traditionally fragmented and offline truck booking industry. The founding team brought diverse experience to the venture; Sanjay Mandava, who serves as CEO, previously worked as a proprietary trader and investment analyst before co-founding another Y Combinator-backed startup, Landeed. This background in finance and real estate development informed the data-driven approach to solving complex logistical challenges. The company has dual operations bases in San Mateo, California, and Hyderabad, India.

The firm primarily targets the B2B supply chain market, serving businesses, manufacturers, distributors, and logistics providers that require reliable freight transportation across India. Its business model revolves around connecting load providers with truckers through a mobile-first platform. This approach aims to digitize the entire booking process, thereby tackling persistent issues such as pricing opacity, unreliable service, and the inefficient matching of shipments with available truck capacity. By creating a more transparent and accessible marketplace, GoLorry helps shippers secure timely deliveries while enabling fleet operators to improve vehicle utilization.

GoLorry's platform provides a suite of features designed to streamline logistics management. These include real-time shipment tracking, the ability to manage future orders, instant truck booking, digital payment processing, on-demand pricing, and reporting functionalities. The technology leverages algorithms to optimize the matching of shipment requirements with available trucks, enhancing route and pricing efficiency for both parties. The company participated in the Y Combinator W16 cohort, securing initial funding that has since grown to a total of $295K over two seed rounds. Key institutional investors include Y Combinator, SGH Capital, and Soma Capital.

Keywords: inter-city trucking, freight marketplace, logistics technology, B2B logistics, India supply chain, truck booking platform, digital freight, fleet utilization, shipment tracking, on-demand trucking, Sanjay Mandava, Y Combinator, logistics optimization, freight aggregation, mobile logistics, road transport India, freight management, transport services, digital payments logistics, Hyderabad logistics

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